The Ministry of Mines and Energy emphasizes that Shell's decision to write down the discoveries will not significantly impact Namibia's oil and gas development. It is not a setback. We are positive ...

Energy major Shell has announced that oil discovered offshore Namibia in petroleum Exploration License (PEL) 39 cannot be currently confirmed for commercial development. As such, the company will ...

The three-year partnership utilises SLB's AI drilling and deep-water expertise for efficient, cost-effective wells.